Finally, I am back! This is about gold. nowadays I am focused on Oil and Gold, so let's go. last week we had a great bullish impulse on Gold. this is a very important level and controversial reversal area as well. I am totally long about Gold, thus the next target potentially can be 1765. let's see if it can close above the yellow zone then it would be bullish....
the price is losing strength, I see it marked by the turn it is taking (it is slow but the "bulls" are losing ground). I think the market is going to close lower zones, "everything that goes up falls", the XAUSD has already been in the range for a long time without generating new work zones, nor did it produce breaks of valid resistances to be able to expel the...
Any gold decline to its mean is still a buy N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
As we see The Gold shows the weakness almost reached in Huge level, it been a while cannot pass it, today he's bounce this level 17000.00 third time again. Our goal for sell is to wait retest the same level again, and offer to us the urge and evidance for pulling down, such as break out the breakout the Counter trend lne, EM's Crossover 21 and 8. Thanks and have...
- Possibly sell when it will be a strong retest of the res zone 1h 2H (Never know with the corona virus in play)
Hi traders hope everyone had a good weekend.This is my analysis for gold this upcoming week. Okay last week identified the key area of broken support looking to turn resistance at the 1585.48 level. It’s a area to start and look for a pullback and a potential move to the downside. We are also forming somewhat of a head and shoulders pattern ,so going into this...
im thinking of going long if i see a confirmation
if it will not brake 1479 im i'm taking it will go down to 1451 and we need to see what happens there maby go down to 1416 be for we will see 1500 (be safe and good trading)
Gold Trade IdeaWhat are your thoughts? Comment Below Like if you AGREE with this. My goal is to be the #1 Gold Trader on tradingview.
Rejection Candles Could Scalp Short or Wait For Buys at 1512
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Generally considered a reversal pattern, a classic diamond top is currently playing out on the gold 60 minute chart.